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Greek, Romanian Cos Registered in Bulgaria Increase in 2011

SOFIA (Bulgaria), June 28 (SeeNews) – The number of fully-Greek owned companies which filed a tax return for last year in Bulgaria increased by 72% to 3,781, the country’s tax authority said on Thursday.

A total of 401 fully-Romanian owned companies filed a tax return for last year in Bulgaria, up by almost 50% within a year, the National Revenue Agency said in a notice published on its website.

Among the reasons for high investment interest in the country are its 10% flat corporate tax rate and economic stability, experts of the agency comment.